BAYTEX ENERGY CORP (BTE.CA) Stock Technical Analysis
TSX:BTE - Toronto Stock Exchange - CA07317Q1054 - Common Stock - Currency: CAD
Taking everything into account, BTE scores 0 out of 10 in our technical rating. BTE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
88% of all other stocks performed better in the past year than BTE.
BTE is part of the Oil, Gas & Consumable Fuels industry. There are 221 other stocks in this industry, of which 69% are performing better than BTE.
BTE is currently trading near the lower end of its 52 week range, which is not a good sign. BTE is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month BTE has a been trading in the 2.73 - 3.75 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
BTE has an average volume of 4251170 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of BTE is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
2.89
4.17
We can see 2 important resistance areas.
- A resistance zone ranging from 3.50 to 3.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.13 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.86
Mansfield-3.48
10 Day High3.46
10 Day Low2.74
20 Day High3.75
20 Day Low2.74
52 Week High5.55
52 Week Low2.74
Performance
1 Week-10.98%
2 Weeks-15.36%
1 Month-14.12%
3 Month-20.22%
6 Month-30.14%
12 Month-32.09%
2 Year-42.41%
3 Year-46.42%
5 Year758.82%
10 Year-85.42%
15 Year-91.5%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.05
RSI(14)32.27
LBB2.68
UBB3.77
TSX:BTE (3/7/2025, 7:00:00 PM)
2.92
+0.1 (+3.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg3.55%
1 Week-10.98%
2 Weeks-15.36%
1 Month-14.12%
3 Month-20.22%
6 Month-30.14%
12 Month-32.09%
2 Year-42.41%
3 Year-46.42%
5 Year758.82%
10 Year-85.42%
15 Year-91.5%
Volatility
ATR(14)0.17
ATR(20)%5.27%
ATR Inc-13.09%
Range Today0.12
ADR(20)0.14
ADR(20)%4.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.86
Mansfield-3.48
10 Day High3.46
10 Day Low2.74
20 Day High3.75
20 Day Low2.74
52 Week High5.55
52 Week Low2.74
CS1 EndN/A
CR1 Start3.5
Volume & EV
DER(3)-2.01%
DER(5)-2.45%
Volume5.41M
Volume Incr108.95%
Vol(5)7.75M
Vol(50)4.25M